Lets see how long that wall at 29 lasts
Expect a fierce battle to $30. I'm expecting more at $32 than $30. |
|
|
|
Why aren't new asks being placed to replace the old ones? $1.5 mil to $47 or $19.60.
People who are buying aren't trying to flip their coins? People who have coins aren't trying to sell them? I can only speak for myself, but I have no plans to convert my small BTC holdings to USD until 1BTC = my student loans  |
|
|
|
the profit was buying bitcoins the price of bitcoins rising, and selling for USD. the entire ordeal was profit. there is no way around that. so yes, I read what you said, you just didn't say anything that made much sense Ah, but I'm coming from the stand point that Bitcoin and USD are of equal worth. If you find Bitcoin just something that is worthless and you happened to flip it, then yea, I guess you can say you have more USD then before. But if I sell Bitcoin for USD I would do it because I would need USD for something specific that I couldn't get with BTC. |
|
|
|
the fallacy you are committing is thinking i'm giving two shits about the currency itself.
It is just a medium of exchange and bitcoin also doubles as savings right now.
that 20 bitcoins i sell, if the price drops before i use that money, then i buy more bitcoins.. but the profit is what i can acquire... over twice as much as what I could acquire before.
thus, profit.
I don't care if you hate the USD, the fact that I have higher buying power now is what matters.
Teehee. You didn't even read what I wrote. |
|
|
|
I'm a long term bull..
but I purchased 20 bitcoins back in december at around 11$...
I'm going to sell 20 bitcoins today.
160% profit.
if I never have a chance to buy back in I still have 160% profit. If I do get to buy back in, great.
But I still have many more bitcoins sitting in my wallets, waiting for use or not.
I buy things... I save the lions share, but I am NOT going to pretend I'm not making money by selling now. Even if I could make more money later... I WILL make more money now, and I don't need huge 1000% profits, 160% is quite good enough ^.~
The fallacy you're committing here is thinking that selling for USd equates to profit. I have not sold any of my bitcoins and I have the same stored value as if I were to convert BTC to USD. All you've done is ended up with the same value with the potential to lose value as BTC continues to increase in value. |
|
|
|
|
Yeah, hopefully she too will one day be able to experience the wonderful benefits of:
1) Losing money to obvious ponzi schemes
2) Bitcoin bank "hacks"
3) Paying ridiculous fees for the privilege to use bitcoins
4) Having her internet fun money lose over half its value over night!
[/quote]
Oh, baby troll tryin' so hard. Just precious.
Been using bitcoin since March 11 and have never had any trouble. Please let me know if you need help using bitcoin. Seriously, I will help explain how to use it correctly.
|
|
|
|
Muted is good unless you are just looking for a quick bubble hype mania to profit from noobs. I see Bitcoin as a marathon not a sprint. Time and steady growth (in features, adoption, security, clients, merchants, press) is all it needs.
I'm not lookin' to profit off anyone as I'm not a trader. I just like to see big news stories and good coverage. It just seems like if Gallagher did an AMA it would be more noted than this  |
|
|
|
then what the hell are you doing messing with bitcoin anyway?
people like you are why the price is so damn high, and people like you will be the bagholders soon enough. Why are you so maaaaaaaad? i guess i should have expected another bubble. but i'm mad because this is worse than just early adopters surprised that suddenly their pockets are being lined. this is market manipulation and predatory speculation at its finest and only the newest bitcoin users are going to get burned. it seems the people here are just interested in getting rich, and don't care about the growth or long-term success of the project. we promote adoption, but now i realize that it's just to keep up the monetary influx into old wallets. Yes, I do think people who buy with only plans to sell later are bad. I think people who tell others to buy buy buy! with terrible charts are also bad (op here could actually be included). I also think it's all the bears posting terrible charts that hurt bitcoin. What evidence do you have that it's a *gag* monetary influx into old wallets besides you having sold already? I do think that the majority of this price increase is due to the halving finally taking effect (I never believed the "priced in" arguments), wider adoption, and all the good good news. I do think bitcoin is still terribly undervalued for what it can do. I think that there are plenty of people who have way more bitcoin than they know what to do with due to the imbalanced distribution to early adopters but with each dump it goes to people who have more interest in bitcoin succeeding. I just see you posting doom and gloom for no reason out side of being mad for some reason. The price is going up, so what? Why does that instantly mean bubble and crash and oh no bitcoin iz dead? |
|
|
|
Good, it would be nice to see even more press out of this because if I'm honest I'm kind of disappointed by the amount we got so far.
Yea, it's been a surprisingly muted response. |
|
|
|
then what the hell are you doing messing with bitcoin anyway?
people like you are why the price is so damn high, and people like you will be the bagholders soon enough. Why are you so maaaaaaaad? |
|
|
|
Dude you should totally have her send first, then once you get the coins, disappear and never talk to her again.
No, just kidding. But use Escrow just in case.
I lol'd |
|
|
|
|
and I was thiiiiiiiiis close to starting a thread titled "Stability now?"
Oh well! Weeeee
|
|
|
|
Because internet money (also the nerdiest thing deadweasel mentioned ) I'm not really worried about da guvernmint which puts me in the minority on these forums and I think that when people make that their first talking point it actually does BTC more harm than good. I like the idea that I'm able to send money to anyone anywhere in the world instantly without going through 5 corporate middlemen who could freeze my money at any time. |
|
|
|
Your mother spent money and time raising you and you made her buy your truck  What a terrible son you must be! |
|
|
|
No this is not a game, price is completely distorted, EVERYONE knows that... we are being fucked with!
Speculators have no choice to buy low and sell high, not to make money, but to survive this crazy market....
You're right. The price is really distorted. Still far too low. |
|
|
|
Such threads always appear at bubble top, as goofs always join last.
Happy bulls screaming everywhere is a first warning sign =) As well as situation when blood runs on street and everybody selling - is a good sign for reversal.
You better watch the signs, or you may miss the point of huge reversal with such overwhelming sentiment.
This never failed me in Bitcoin. What I found strange is that many people use these words in situations where they don't apply. After the '11 bubble had just burst, when everybody was still confused but mostly bullish, they said "this is blood on the streets, the time to buy." However, when the market hammered down below 3 USD in a madness of shorts and panic afterward, they said "See you at $1". What lucif forgets is that the happy bulls were happy at $15...then $17....then $20....then $27. It's not a very good indicator if it doesn't indicate anything. It's almost like it's impossible to predict the market! What a shock! |
|
|
|
storm is coming.....
Adam, is your order ready? Yeah i know i was 24 hrs late. I'm dumping the next wave now.
You sold thos those 2k? Will you let us know if you do it again? To me, trading is about managing risks, not about maximizing profits. You can go chasing for the peak.... often enough ppl just jump right off it. I still have a few thousands coins.... i will dumb them in steps. GASP! A few thousand! Surely the market cannot withstand the dumps! Spare us! |
|
|
|
storm is coming.....
Adam, is your order ready? Yeah i know i was 24 hrs late. I'm dumping the next wave now.
That's cute. You think you have an impact on the market. Adorable! Know how big the guy is? Depth is low. I like to wonder which of the users here happens to be one of the large traders. Everybody says things like "30% of my holdings" or "the next wave" in this case, but you never know whether that's 30 BTC or 30k BTC.  Meh. If he thinks it's important to announce his "dumps" here then he isn't that big a deal. I'm also the guy who doesn't believe in "the manipulator" and I don't feel that the big whales that everyone around here feel need to be worshiped are that important. |
|
|
|
|
I do agree with you OP, but I don't have tons invested in BTC either. I have always said buy and hold. If the market crashes to $5 today I would, personally, still just buy and hold.
The only exception is if the market jumped like $30 dollars in a day. In that case I'd probably wait to buy for a week or two to test stability.
CLARIFICATION: I actually usually say Buy and Hold or Spend. I think the 10,000BTC pizza was important and I do use BTC to buy goods/services whenever possible because BTC is more than just hoarding. It's about a new economy for the Internetz.
|
|
|
|
I'd buy, but I'm out of USD. you and all of the other irrational bulls. ready for the squeeeeeze Dude, why are you so mad that you sold too early while the rest of us didn't? Anyways, I put maybe by the end of the month because it's really hard to tell. On one hand, we're so flippin' close but, on the other, it's very clear that no one is quite sure what will happen as good news continues to poor in and an unknown number of new buyers are entering the market. It's also hard to tell what psychological implications are to be had at $30 (if any). I really thought we'd be stuck at $20 for much longer. So, in conclusion, I dunno. Maybe? |
|
|
|
|
Show Posts
